Labour leader Keir Starmer probed the Prime Minister in the House of Commons on her mini-budget which sent the markets into turmoil due to unfunded tax cuts.
Liz Truss has promised there will be no cuts to public spending despite a warning that £60 billion is needed to get finances back under control.
It comes after the Institute for Fiscal Studies said Truss may have to find £60bn worth of cuts to get public finances back under control. Asking his third question at Prime Minister's Questions, Starmer said: "The economy's in turmoil, people are really worried. This is really not the time to descend into absolutely nonsense attacks about last night."
He added: "There's no point trying to hide it. Everyone can see what has happened. The Tories went on a borrowing spree, sending mortgage rates through the roof. They are skyrocketing by £500 a month. Responding in the Commons, Truss said: "I'm genuinely unclear," Truss said, prompted jeers from the Labour benches, "as to what the Labour Party's policy is on our energy price guarantee".
He said: "This morning the Business Secretary toured the TV studios, arguing that the turmoil in the markets has nothing to do with her budget. Does the Prime Minister agree with him?"
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